Huawei said its first-quarter revenue jumped 39% to $26.81 billion, as the Chinese telecom giant made further inroads in the market for 5G wireless technology
HONG KONG—Huawei Technologies Co. said its first-quarter revenue jumped 39% to 179.7 billion yuan , as the Chinese telecom giant made further inroads in the market for 5G wireless technology.
Huawei said it has signed 40 commercial contracts to supply carriers with 5G technology, and shipped more than 70,000 5G base stations. It said its net profit margin rose slightly to about 8%.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Huawei says its first-quarter revenue jumped 39% despite political pressureHuawei said 2019 'will be a year of large-scale deployment of 5G around the world' and its carrier business 'has unprecedented opportunities for growth.'
Read more »
Huawei CEO offered Berlin no-spy deal to soften 5G concerns: WirtschaftswocheChina's Huawei offered Berlin a 'no-spy agreement' to address sec...
Read more »
Poland to hold off blanket ban on Huawei 5G gear due to cost concernsPoland is unlikely to exclude all Huawei equipment from its next generation mobi...
Read more »
Germany reportedly won't exclude Huawei 5G technology — if it follows the rulesGermany's telecom regulator has no plans to stop Huawei from participating in its 5G infrastructure, provided the company satisfies security requirements, the FT reported.
Read more »
China Investigates Ericsson Over Licensing as 5G Competition Heats UpTelecom-equipment maker Ericsson is being investigated by China’s antitrust authorities over its technology licensing practices, as 5G competition heats up between companies and governments.
Read more »
U.S. to press allies to keep Huawei out of 5G in Prague meeting: sourcesThe United States will push its allies at a meeting in Prague next month to adop...
Read more »
Huawei secured 40 5G commercial contracts by end-MarchChina's Huawei Technologies Co Ltd said on Tuesday it had secured 40 commer...
Read more »
US will reportedly press allies to keep Huawei out of 5G in Prague meetingThe United States will push its allies at a meeting in Prague next month to adopt shared security and policy measures that will make it more difficult for China's Huawei to dominate 5G telecommunications networks, sources say.
Read more »
Huawei says not discussed 5G chipsets with Apple: chairmanHuawei Technologies, one of the world's biggest smartphone makers, has not ...
Read more »
Germany reportedly won't exclude Huawei 5G technology — if the company follows the rulesGermany's telecom regulator has no plans to stop Huawei from participating in its 5G infrastructure, provided the company satisfies security requirements, the FT reported.
Read more »
The US is attacking Huawei and China — without its own 5G strategyExperts say the Trump administration lacks a clear approach to 5G that goes beyond attacking Huawei, the world's biggest supplier of telecommunications equipment.
Read more »